Zhonghua Gas Holdings Limited, an investment holding company, provides integrated energy services primarily in the People's Republic of China.
Flawless balance sheet with questionable track record.
Share Price & News
How has Zhonghua Gas Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 8246 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 8246 exceeded the Hong Kong Construction industry which returned -15.5% over the past year.
Return vs Market: 8246 underperformed the Hong Kong Market which returned 5.5% over the past year.
Price Volatility Vs. Market
How volatile is Zhonghua Gas Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StGetting In Cheap On Zhonghua Gas Holdings Limited (HKG:8246) Is Unlikely
4 weeks ago | Simply Wall StTrade Alert: The Executive Chairman Of Zhonghua Gas Holdings Limited (HKG:8246), Yishi Hu, Has Just Spent CN¥834k Buying A Few More Shares
1 month ago | Simply Wall StDo Directors Own Zhonghua Gas Holdings Limited (HKG:8246) Shares?
Is Zhonghua Gas Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 8246's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 8246's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 8246 is poor value based on its PE Ratio (23.2x) compared to the HK Construction industry average (8x).
PE vs Market: 8246 is poor value based on its PE Ratio (23.2x) compared to the Hong Kong market (10.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 8246's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 8246 is overvalued based on its PB Ratio (2x) compared to the HK Construction industry average (0.8x).
How is Zhonghua Gas Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Zhonghua Gas Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine Zhonghua Gas Holdings's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Zhonghua Gas Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has Zhonghua Gas Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8246 has high quality earnings.
Growing Profit Margin: 8246's current net profit margins (11.3%) are lower than last year (26.1%).
Past Earnings Growth Analysis
Earnings Trend: 8246 has become profitable over the past 5 years, growing earnings by 28.5% per year.
Accelerating Growth: 8246's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 8246 had negative earnings growth (-62.2%) over the past year, making it difficult to compare to the Construction industry average (-7.7%).
Return on Equity
High ROE: 8246's Return on Equity (8.9%) is considered low.
How is Zhonghua Gas Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 8246's short term assets (CN¥536.4M) exceed its short term liabilities (CN¥130.5M).
Long Term Liabilities: 8246's short term assets (CN¥536.4M) exceed its long term liabilities (CN¥1.7M).
Debt to Equity History and Analysis
Debt Level: 8246 is debt free.
Reducing Debt: 8246 has no debt compared to 5 years ago when its debt to equity ratio was 19.5%.
Debt Coverage: 8246 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 8246 has no debt, therefore coverage of interest payments is not a concern.
What is Zhonghua Gas Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 8246's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 8246's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 8246's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 8246's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 8246 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 8246's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Hubert Chan (62 yo)
Mr. Wing Yuen Chan, also known as Hubert, has been the Chief Executive Officer of Zhonghua Gas Holdings Limited (formerly known as Northern New Energy Holdings Limited) since August 2014 and serves as its ...
CEO Compensation Analysis
Compensation vs Market: Hubert's total compensation ($USD267.09K) is about average for companies of similar size in the Hong Kong market ($USD231.54K).
Compensation vs Earnings: Hubert's compensation has been consistent with company performance over the past year.
|Executive Chairman||5yrs||CN¥2.67m||15.11% |
|CEO, Compliance Officer & Executive Director||no data||CN¥1.86m||no data|
|CFO & Executive Director||6yrs||CN¥1.86m||no data|
|Executive Director||6yrs||CN¥2.67m||13.5% |
|Independent Non-Executive Director||3.17yrs||CN¥248.00k||no data|
|Independent Non-Executive Director||0.67yr||CN¥14.00k||no data|
|Independent Non-Executive Director||5.83yrs||CN¥248.00k||0.062% |
Experienced Board: 8246's board of directors are considered experienced (5.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 8246 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.6%.
Zhonghua Gas Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: Zhonghua Gas Holdings Limited
- Ticker: 8246
- Exchange: SEHK
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: HK$941.755m
- Shares outstanding: 3.62b
- Website: https://www.8246hk.com
Number of Employees
- Zhonghua Gas Holdings Limited
- Chinachem Century Tower
- 23rd Floor
- Wan Chai
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|8246||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Dec 2011|
Zhonghua Gas Holdings Limited, an investment holding company, provides integrated energy services primarily in the People's Republic of China. The company’s New Energy Business segment provides integrated ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/08 12:52|
|End of Day Share Price||2020/08/07 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.